The idea is to "freeze the economy" by massive government spending, covering various costs of private companies and the people. > the Danish government told pr

The idea is to "freeze the economy" by massive government spending, covering various costs of private companies and the people. > the Danish government told private companies hit by the effects of the pandemic that it would pay 75 percent of their employees’ salaries to avoid mass layoffs > The plan could require the government to spend as much as 13 percent of the national economy in three months. The state has agreed to take on 75 percent of workers’ salaries, up to $3,288 per month, for them to stay home and not work, while still being employed. In addition: - the state will guarantee 70 percent of new bank loans to companies - people on unemployment benefits will continue to receive it, without the usual requirements, and even past the 2-year limit - the state agreed to compensate companies for their fixed expenses, like rent and contract obligations, depending on their level of income loss - the spring payment of taxes for companies have been postponed until autumn - all public employees will keep their salaries when sent home